August 24, 2022

We Laid The Foundation For The First Two Years Of Economic Growth Under Akufo-Addo–Afriyie Ankrah

The first two years of President Akufo-Addo’s administration during their first term that is, 2017 and 2018 saw considerable economic growth.

The Director of Elections for the National Democratic Congress (NDC), and Former Sports Minister, Mr. Elvis Afriyie Ankrah claimed that the success choked by the Akufo-Addo NPP-led government was a result of a solid foundation laid by the Mahama-led NDC administration.

Speaking on Opemsuo Radio’s Nkwantananso show with Agudey, Mr. Afriyie Ankrah stated that the Mahama administration executed a number of policies and investments that secured a considerable notch of economic growth under the Akufo-Addo government.

He emphasized that their administration implemented a good program with the International Monetary Fund (IMF) that yielded a good result that was forecasted and predicted by international rating bodies.

However, the NPP government only assumed office to brag about this achievement they did not work for, he added.

Mr. Afriyie Ankrah insisted that the NPP government failed in the economic management the moment the IMF program expired in 2018.
The recent economic crisis has been linked to the Covid-19 and Russia-Ukraine war by this government and it’s totally false because the cedi as major indicator started depreciating before the advent of these two conundrums, he said.

He reiterated that it’s worth noting that these two challenges are witnessed globally and Ghana does not stand to suffer the fate of the repercussions of the Covid-19 and the Russia-Ukraine war whiles many African countries that Ghana was stronger than economic wise have bounced back stronger. This according to the Former Sports Minister has taken shape as a result of mismanagement of the economy.

Source: Effah Mensah William

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